https://www.taxtmi.com/caselaws?id=442857 The Tribunal partly allowed the assessee's appeal, directing the TPO/AO to re-benchmark the international transaction using the Resale Price Method (RPM) instead of the Transaction Net Margin Method (TNMM). Additionally, the Tribunal deleted the additions made under sections 69C and 115BBE due to unsustainable directions by the DRP. Penalty proceedings under sections 270A and 271AAC(1) were dismissed as premature. en-us Fri, 08 Sep 2023 00:00:00 +0530 Mon, 11 Sep 2023 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442857 The Tribunal partly allowed the assessee's appeal, directing the TPO/AO to re-benchmark the international transaction using the Resale Price Method (RPM) instead of the Transaction Net Margin Method (TNMM). Additionally, the Tribunal deleted the additions made under sections 69C and 115BBE due to unsustainable directions by the DRP. Penalty proceedings under sections 270A and 271AAC(1) were dismissed as premature. Case-Laws Income Tax Fri, 08 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442857